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superalf · Posted: Sat Jul 05, 2008 3:31 pm Subject: Success Fee

Does anyone know of a debt settlement company that only charges you based on the amount of money they save you? Rather a 15% flat fee on your total debt, I'm looking for one that charges a commission on the total amt that you save. Are there any reputable companies that do this?

Posted: Sat Jul 05, 2008 5:59 pm Subject:

Though the laws regulating debt-settlement companies vary greatly by state, it's worth noting that 12 states prohibit for-profit debt management. Since debt-settlement companies are for-profit entities, they're not allowed to practice there. Those states are Arizona, Georgia, Hawaii, Louisiana, Maine, Mississippi, New Jersey, New Mexico, New York, North Dakota, West Virginia and Wyoming.

Something to keep in mind when looking for a debt settlement company.

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